3 unchanged sentences
Holders of Common Stock
−Removed: As of December 13, 2024, there were approximately nine registered holders of the Company’s common stock.
+Added: As of December 4 , 2025, there were approximately ten registered holders of the Company’s common stock.
A substantially greater number of holders of the Company’s common stock are beneficial holders, whose shares of record are held by banks, brokers and other financial institutions in “street name.”
−Removed: The Company’s Board of Directors (the “Board”) previously declared special cash dividends in the amount of $0.65 per share in fiscal year 2020 and $0.50 per share in fiscal year 2021.
−Removed: The Company did not pay cash dividends in fiscal years 2022, 2023 and 2024.
+Added: The Company’s has not paid cash dividends since the fiscal year ended September 30, 2021.
The Company intends to retain future earnings, if any, to finance the development and growth of its business and does not anticipate paying any cash dividends in the foreseeable future.
−Removed: The declaration and payment of any dividend in the future will be at the discretion of the Board and will depend on then-existing conditions, including our operating results, financial condition, business prospects and other factors the Board may deem relevant.
−Removed: Selected Consolidated Financial Data .
−Removed: The following tables present portions of the Company’s consolidated financial statements.
−Removed: The following selected consolidated financial data set forth below should be read together with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and related notes to the consolidated financial statements appearing elsewhere herein.
−Removed: The selected statements of operations data for the fiscal years ended September 30, 2024, 2023 and 2022 and the balance sheet data as of September 30, 2024 and 2023 are derived from the Company’s audited consolidated financial statements included elsewhere in this Annual Report on Form 10-K.
−Removed: The selected statements of operations data for the fiscal years ended September 30, 2021 and 2020 and the balance sheet data as of September 30, 2022, 2021 and 2020 are extracted from the Company’s audited consolidated financial statements that are not included in this Annual Report on Form 10-K.
−Removed: Fiscal year ended September 30,
−Removed: Statements of Operations Data:
−Removed: Cost of sales
−Removed: Research and development
−Removed: Selling, general and administrative
−Removed: Total operating expenses
−Removed: Operating income
−Removed: Interest expense
−Removed: Interest income
−Removed: Income before income taxes
−Removed: Income tax expense (benefit)
−Removed: Net income per common share:
−Removed: Cash dividends declared per common share
−Removed: Weighted average shares outstanding:
−Removed: As of September 30,
−Removed: Balance Sheet Data:
−Removed: Cash and cash equivalents
−Removed: Restricted cash
−Removed: Working capital
−Removed: Total shareholders’ equity
+Added: The declaration and payment of any dividend in the future will be at the discretion of the Board of Directors and will depend on then-existing conditions, including our operating results, financial condition, business prospects and other factors the Board of Directors may deem relevant.
+Added: Securities Authorized for Issuance under Equity Compensation Plans
+Added: The following table sets forth additional information as of September 30, 2025 with respect to the shares of common stock that may be issued upon the exercise of options and other rights under our existing equity compensation plans and arrangements in effect as of September 30, 2025.
+Added: The information includes the number of shares covered by, and the weighted average exercise price of, outstanding options and the number of shares remaining available for future grant, excluding the shares to be issued upon exercise of outstanding options.
+Added: Securities Authorized for Issuance under Equity Compensation Plans
+Added: available for
+Added: securities to be
+Added: future issuance
+Added: exercise price
+Added: of outstanding
+Added: plans (excluding
+Added: rights (b) (1)
+Added: column(a) (c) (2)
+Added: Equity compensation plans approved by security holders (3)
+Added: Equity compensation plans not approved by security holders
+Added: (1) Consists of the weighted average exercise price of outstanding options (“NQSOs”) and time vested stock options with a market based exercise price condition (“ MSOs”) as of September 30, 2025.
+Added: (2) Consists entirely of shares of common stock that remain available for future issuance under 2019 Stock-Based Incentive Compensation Plan as of September 30, 2025.
+Added: (3) Consists of 361,613 NQSO's, 72,062 MSO's, 311,094 time-vested Restricted Stock Units (“RSUs”) and 201,000 market-based restricted stock units (“MSUs”) outstanding as of September 30, 2025 under the 2019 Stock-Based Incentive Compensation Plan.
+Added: (3) RSUs and MSU’s were excluded when determining the weighed-average exercise price of outstanding options, warrants and rights.
+Added: Issuer Purchases of Equity Securities
+Added: We did not repurchase any of our equity securities during fiscal year 2025.
+Added: Recent Sales of Unregistered Securities
+Added: We did not issue any equity securities during fiscal year 2025 that were not registered under the Securities Act and that have not otherwise been described in a Quarterly Report on Form 10-Q or a Periodic Report on Form 8-K.
+Added: This item is not longer required.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.